Hedge Fund Software Provider Updates Offering

Jan 19 2009 | 6:30pm ET

Hedge fund software provider AIM-TO has released a new version of its spend management software and managed services offering.

In the past year, AIM-TO has upgraded the reporting and invoice payment functionality of its spend management software allowing hedge funds to increase cost transparency across all market data, telecommunications, subscriptions and other vendors. The enhanced application allows users to run ad-hoc analyses, perform “what-if” analyses, produce custom reports and automate integration with back-office systems. 

According to the firm, by outsourcing technology-enabled business processes to AIM–TO, users have been able to lower costs, improve workflow quality, increase reporting accuracy, and maximize user productivity.  

“Over the years, AIM-TO has worked with the best hedge funds and has developed world-class practices and unsurpassed expertise when it comes to the planning, development, selection and implementation of  market data and telecom vendors,” said John Vaughan, AIM-TO’s president and founder. “By outsourcing technology-enabled business processes to AIM-TO, our clients will identify significant cost savings and greatly improve the efficiency of their business.”

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